Princeton Researchers Developing Bitcoin-Based Prediction Market

A team of Princeton faculty members are developing a prediction market based on bitcoin transactions. Prediction markets are purely speculative markets created for the sole purpose of making various predictions, ranging from all sorts of business predictions to more mundane events, such as weather and various real-world events. Prediction markets are often frowned upon by the financial community, although a number of major companies are said to be using different prediction markets and techniques to gain a competitive edge. These include software companies like Google, chipmakers like....

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Early last year NYU became the first major institution to invite its students to take part in a bitcoin related course. Now it looks as though other major institutions are ready to follow suit - the latest being the world renowned Princeton University. Starting in April 2015, Princeton will commence teaching of a course called "TC-Tech: Bitcoin and Cryptocurrency Technologies." Strangely, the course is listed as not being an official Princeton course on the University's website - but from what we can tell this is due to the fact that the course will be taught online (via webinars), and is....

A group of researchers from Princeton University, Stanford University and the City University of New York, have announced a new ECDSA threshold signature scheme that is particularly well-suited for securing Bitcoin wallets. Threshold signatures can be thought of as "stealth multi-signatures." The new Bitcoin security scheme is detailed in a research paper titled "Securing Bitcoin wallets via a new DSA/ECDSA threshold signature scheme." The announcement follows three previous posts by Steven Goldfeder on the Freedom to Tinker blog, hosted by Princeton's Center for Information Technology....

Augur, a decentralized platform allowing individuals to create prediction markets on a vast array of topics, announced today that it was launching its alpha test."Traditionally, prediction markets have fallen short due to their need for volume in order to be valuable forecasting tools," explained Jeremy Gardner, the Director of Operations at Augur. "Having a global, unstoppable, blockchain-based prediction markets platform means anyone in the world with internet can connect to Augur."However, Augur is not, itself, a prediction market. Rather, it is open-source code for a prediction markets....

Educating the world on Bitcoin and blockchain technology is a top priority to grow the cryptocurrency ecosystem. Princeton University has revealed a new book on these topics, called “Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction.”
Educational Books on Bitcoin & Its Technology.
Throughout the years, many books have been written about Bitcoin and its underpinning technology. Some prominent people have taken a liking to writing about these concepts. Aficionados have probably read titles such as “Mastering Bitcoin,” “The Age of....

World renowned Princeton University has started an online course on Bitcoin and Cryptocurrency Technologies. The course will be available on Coursera, which is a leading education platform that aims to partner with "leading universities and organizations worldwide, to offer courses online for anyone to take, for free." Earlier, we had reported that Cryptocurrency was also going to be added to the Stanford's cyber security program. Princeton's cryptocurrency course will be available only in the English language and will need 6-weeks of study with minimum 3-5 dedicated hours per week. In the....

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I made the decision to accept Bitcoin because I believe that it represents the free-market economic principles that make Texas a national leader in innovation and entrepreneurship.